Little House
What is the best way to buy a fixer-upper house with only a little money down?
Moved in an area with expensive properties, but I still want to buy a small house (empty) I can get and we live have $ 20K for a down payment, but bad credit. Has anyone made such an agreement, perhaps with owner financing or some form of revenue sharing agreement for resale?
look in a lender that You Can do a 203K loan. This is a special loan that allows you to recover the money based on the estimated value of the property valuation improved. Trick is when you employ contractors to perform most work and get etimates of them before closing. You must work with a realtor who understands this type of loan can be difficult to find. Interview them. If you not sure 203K programs – keep looking. If you're in the Kansas City area who can help in other ways may be able to provide a reference a good agent in the U.S. My site is www.newhomerealtyofkc.com. *** Note ** In addition to another writer. Real Estate Financing Owner Real Estate Beaus not hate we are afraid to collect them. We paid HUD1 is still there. Owner financing is very risky for everyone, both the buyer and seller. I just want to think it's a possibility if the seller has a lot of heritage and AFORD can take that big of a risk. This Not a lot of people. For the buyer, the owner of the financing agreement are not in your best interest.
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